Steve Jobs To Retire?

deanbo

macrumors regular
Original poster
May 6, 2003
228
0
Now that I've got your attention...

He's currently 50? Like someone else said, how long do you want to spend making sure more transistors go onto a chip? I believe that the move to Intel is a sign that retirement is impending, guessing within the next 5 years.

Moving to Intel was a bold move in anyones book, and probably the best chance Apple has to become the world's biggest computer company. After all as Steve Jobs said himself, it's about the software, and who gives a better software experience then Apple? And what better note to retire on? Call it the final stand, swansong, whatever. Which is why I think the switch to Intel has a little more to do with Steve Jobs himself than IBM's roadmap.
 

mad jew

Moderator emeritus
Apr 3, 2004
32,194
6
Adelaide, Australia
Maybe but I don't think the Intel switch has anything to do with it. Steve's a pretty unique CEO so it's pretty difficult to say how far he'll go age-wise but I'm guessing he'll still have a presence at 60. If only to see a pay rise from his single dollar income. ;)
 

skubish

macrumors 68030
Feb 2, 2005
2,669
0
Ann Arbor, Michigan
deanbo said:
Now that I've got your attention...

He's currently 50? Like someone else said, how long do you want to spend making sure more transistors go onto a chip? I believe that the move to Intel is a sign that retirement is impending, guessing within the next 5 years.

Moving to Intel was a bold move in anyones book, and probably the best chance Apple has to become the world's biggest computer company. After all as Steve Jobs said himself, it's about the software, and who gives a better software experience then Apple? And what better note to retire on? Call it the final stand, swansong, whatever. Which is why I think the switch to Intel has a little more to do with Steve Jobs himself than IBM's roadmap.
50 is pretty young to retire. 50 is pretty young to even be a CEO. I doubt it will happen in 10 years. I don't think his ego will allow him to retire.
 

iGary

Guest
May 26, 2004
19,583
0
Randy's House
He enjoys what he does too much and has said so. He's not interested in retiring, as he has too many things he still wants to accomplish.

In other words: No. Time. Soon.
 

Benjamin

macrumors 6502a
Oct 27, 2003
960
1
Portland, OR
This sounds sorta like Netcraft confirming that Apple been dying for the last 20 years. Apple isn't about money for Steve its about ego, I doubt he will retire before 65.
 

miloblithe

macrumors 68020
Nov 14, 2003
2,076
28
Washington, DC
While he could step back a little at some time in the next couple decades, like stop doing the keynotes, barring a major health issue, I can't see him retiring either. If there was some new challenge for him I could see him jumping ship and taking on a new company, but just retiring bacause he's old? Not a chance. He's not.
 

0098386

Suspended
Jan 18, 2005
21,552
2,886
skubish said:
50 is pretty young to retire. 50 is pretty young to even be a CEO. I doubt it will happen in 10 years. I don't think his ego will allow him to retire.
im only 19 and CEO of my very own company :cool: but does that count for a 1 man freeware game making company? AND i earn significantly less than $1 per year. try nothing :)

but seriously. i doubt Jobs will retire for a while yet. he's hoisted Apple up and i doubt they'd let him go quietly.
 

JeffTL

macrumors 6502a
Dec 18, 2003
733
0
He's got it pretty easy, I'd say, even with the international travel :p

My money's on the 65-70 range if Apple stays in the black, and I can't say about Pixar.
 

Artful Dodger

macrumors 68020
When you love doing something it's never work or a job but a way of life for those people and hardly about money, more an idea being brought to life. Since he still has things to accomplish (what they might be?) he will be around for a long time to come with Apple, after all it was his in the first place and now it's the second time around :)
 

katie ta achoo

macrumors G3
May 2, 2005
9,170
2
I can't see Steve Jobs retiring anytime soon.

I'd like to see him giving a keynote at MacWorld 2018, wheeling around the stage in his wifi-enabled PowerChair, using mind control to use the PowerMac P39.

That'd be so cool...
 

ham_man

macrumors 68020
Jan 21, 2005
2,265
0
Nah. Just speculation. Assuming he isn't fired for some reason, it will not happen as long as he can walk onto the stage and give a Keynote...
 

rosalindavenue

macrumors 6502a
Dec 13, 2003
837
213
Virginia, USA
When you have had a health scare like Steve has just had, I would not be surprised at anything he did. I think he knows he can do more for the world at Apple than at Pixar, however.
 

Sun Baked

macrumors G5
May 19, 2002
14,874
57
Apple is going bankrupt...

Apple is releasing the PowerBook G5 Tuesday...

Apple Corps will own Apple...

That new Apple iPod will fail and destroy Apple...

Now we have -- Steve Jobs will retire.

 

mad jew

Moderator emeritus
Apr 3, 2004
32,194
6
Adelaide, Australia
Sun Baked said:
Apple is going bankrupt...

Apple is releasing the PowerBook G5 Tuesday...

Apple Corps will own Apple...

That new Apple iPod will fail and destroy Apple...

Now we have -- Steve Jobs will retire.


Well something's gotta replace the old "Apple is moving to Intel" threads. ;)
 

law guy

macrumors 6502a
Jan 17, 2003
997
0
Western Massachusetts
The executive mindset is an interesting one. Someone above said, it's not about the money. I think in large part that's right (the money is important, but more because of what it says about how the person is valued / how successful, etc.). Look at CEO pay and you get that feeling. My favorite is the severance package these guys put together - Dick Cheney gets a $16 million buyout for leaving Halliburton; what was the NYSE severance package - tens of millions. It's fanastic world in which you get paid for agreeing to do no more work for a company; a lot of us would take that money and spend a wonderful life with family, pursuing our non-paying interests, etc. These guys take $15 million and go to the next turn-around.

In general, it seems like it's more about ambition / self-perception / enjoying success. Steve Jobs adds to that more obsession to win and ego than some and it seems like he's in the CEO game for awhile. I'm not sure it's work for him - if what you do makes up so much of your interest, what you want to spend time on (those folks that 'love' their work), that sort of intertwined personality may not want to retire.
 

Sun Baked

macrumors G5
May 19, 2002
14,874
57
Some of them are smart enough to sign pay packages like Michael Ovitz, he signed one where it forced Disney to pay all bonuses and pay for the entire life of his contract if he was fired early "without cause."

One of the reason his firing cost so much, since it immediately triggered the massive buyout clause.

But, those are generally the case when you take somebody away from their own company -- because you sure as heck don't expect to terminate them at the beginning of their contract, usually towards the middle/end when it doesn't look so bad.

If they would have fired him "for-cause" it would most likely have eliminated the insane bonus amount, and lowered the buyout to a less insane level (like maybe base salary.)

Several major boardroom oopses that I don't think Michael Ovitz should be penalized for, and his case should serve as a lesson.
 

IJ Reilly

macrumors P6
Jul 16, 2002
17,915
1,466
Palookaville
We don't know much about the state of Steve's health except for what they tell us, which isn't much. Personally, I don't think he looked his old self at the last two public events -- kind of tired, scratchy voice. I think he's having a tough time bouncing back from the cancer bout. Even if he does fully recover, close brushes with the great beyond have a way of changing a person's life. Even highly egocentric people like Steve Jobs will start to reexamine what their life is about, and the every-day pressure cooker existence of running two major corporations may not be it. I wouldn't expect him to retire abruptly, unless his health demanded it, or Apple's fortunes suddenly went south, but don't be surprised if he starts moving gradually away from center stage.

This might actually be a good thing. Apple can't be "Steve's company" forever.
 

runninmac

macrumors 65816
Jan 20, 2005
1,495
0
Rockford MI
I don't see him retiring anytime soon. But as IJ Reilly said he has been lookin/sounding/acting alot older at WWDC this year. The only reason he may retire (and i highly doubt this will happen) is that he may have health problems.
 

CubaTBird

macrumors 68020
Apr 18, 2004
2,135
0
i remember looking at the archives and reading a TON of hate messages when the first new ipod came out some four years ago... crazy how times have changed...
 

gabriel_uk

macrumors regular
Apr 19, 2005
100
0
England
rosalindavenue said:
When you have had a health scare like Steve has just had, I would not be surprised at anything he did. I think he knows he can do more for the world at Apple than at Pixar, however.
Didn't know about that - what kind of health scare was it?